This guide explains how to use scheduled transactions to plan your future income and expenses.
Unlike a regular transaction that is recorded once, a scheduled transaction is set to repeat on a specific schedule (e.g., a monthly salary, a weekly bill, or an annual insurance payment).
The main purposes is to save time on data entry and to project your future balances, allowing you to see the impact of upcoming bills on your finances before they happen.
Scheduled transactions additional data
Below are the additional fields compared to a regular transaction.
• Repeats every
Used for the repetition frequency. You can choose a number and a time period. For example, "Repeats every: 1 Month" is for a monthly bill.
• Number of times
This determines when the transaction stops repeating. Setting it to 0 makes it repeat indefinitely until you delete it.
• Automatic confirmation
On: the transaction will be automatically added to your transaction list on its due date without any action from you.
Off: manual confirmation. On the due date, the app will ask for your confirmation before adding it to your transaction list. This is useful for bills with variable amounts.
• Is a subscription?
Activate this option for subscription services. This will make it appear in the dedicated Subscriptions dashboard for easier tracking.
Guide:
subscriptions page
General considerations
The amount of the repetitions is not counted in the associated account balance until the date the transaction is generated.
You can view the future recurrences on the Calendar page and in the list of transactions inside a budget or credit card.
For a complete view of all future money movements and balances, see the "
Future Time" charts page.
Example
You purchase a household appliance for 1000,00€ and you pay it in 5 monthly rates.
- Value: 200,00€
- Repeat every: "1" and "Month"
- Number of times: 5
Why should I add a scheduled transaction to an account that syncs with my bank?
While your bank will eventually send the final transaction, adding it as a scheduled transaction gives you a powerful advantage: forecasting.
It allows the app to show you your projected account balance in the future. By planning for upcoming bills, you can ensure you have enough funds available and avoid surprises.